5 Most Profitable Real Estate Stocks Now

4. PulteGroup, Inc. (NYSE:PHM)

Latest TTM Net Income: $2.7 billion

PulteGroup, Inc. (NYSE:PHM) is a home building company headquartered in Atlanta, Georgia. The firm has capitalized well on the strong home builder performance in 2023 by having beaten analyst EPS estimates in all four of its latest quarters. The shares are rated Strong Buy on average.

After looking through 910 hedge funds for their September quarter of 2023 shareholdings, Insider Monkey discovered that 39 were the firm’s investors. PulteGroup, Inc. (NYSE:PHM)’s biggest hedge fund investor in our database is Edgar Wachenheim’s Greenhaven Associates as it owns $422 million worth of shares.

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